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Remittances to India to drop by 9% in 2020: World Bank report

Updated : October 30, 2020 12:07 AM IST

The impact of COVID-19 is pervasive when viewed through the lens of migration as it affects migrants and their families who rely on remittances.
Remittance flows to low and middle-income countries (LMICs) are projected to fall by 7 percent to $508 billion in 2020, followed by a further decline of 7.5 percent to $470 billion in 2021.
Remittances to India to drop by 9% in 2020: World Bank report

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